Article: UAE Set to Host Groundbreaking BioTech Symposium The United Arab Emirates is preparing to host a landmark BioTech Symposium, marking a significant step in the country’s journey from oil to medicine. Scheduled for November 6-8, 2024, the event will bring together biotech pioneers from around the world to Abu Dhabi and Dubai. Dr. Kambiz…
The United Arab Emirates (UAE) has announced significant changes to its Value Added Tax (VAT) system, set to take effect on November 15, 2024. These updates, outlined in Cabinet Decision No. 100 of 2024, aim to streamline regulations, stimulate investment, and align the system with international standards. The amendments are expected to have a substantial…
Description: The UAE has unveiled an ambitious agricultural initiative called “Plant the Emirates” to boost local food production, enhance food security, and promote sustainable farming practices. Launched by Sheikh Mohammed bin Rashid, the project aims to establish a national agriculture center, increase farm productivity, and foster a culture of agriculture among UAE residents. Enhancing Food…
Description: This article explores the challenges faced by older professionals seeking employment in the UAE, highlighting the barriers they encounter and offering insights from experts and experienced individuals. It discusses the demographic shift in the UAE, the influx of seasoned professionals, and the misconceptions and ageism that exist in the job market. The article also…
Dubai’s Golden Visa Initiative for Outstanding Educators Dubai has announced a new initiative to offer Golden Visas to exceptional teachers in the private education sector, recognizing their crucial role in shaping the emirate’s future. This move, announced on World Teachers’ Day, aligns with Dubai’s Education 33 strategy and broader ambitions for key sectors. The Golden…
Wynn Resorts Awarded First Commercial Gaming License in UAE Wynn Resorts, the renowned Las Vegas-based hotel and casino operator, has been granted the first commercial gaming operator’s license in the United Arab Emirates. This groundbreaking development was announced by the company on Friday, marking a significant milestone in the UAE’s evolving entertainment and tourism landscape….
Family credit in the UAE banking sector has reached a significant milestone, reaching approximately $115 billion in the past year, according to the latest statistics from the Arab Monetary Fund. This figure represents a substantial 11.3 percent increase, positioning the UAE as the second-fastest growing market for family credit among Arab countries, just behind Algeria’s…
Description: The UAE’s used electric vehicle market is facing challenges, with demand dropping despite dealers’ efforts to offer attractive deals and certifications. This article explores the current state of the secondhand EV market in the UAE, highlighting the factors contributing to the decline in demand and the strategies dealers are employing to revive interest. Subtitle…
The UAE Fuel Price Committee has announced a significant reduction in petrol prices for October 2024, marking the lowest levels since January of the same year. This price cut aligns with international oil rates and reflects ongoing fluctuations in the global oil market. Substantial Price Cuts Across All Fuel Types Petrol prices in the UAE…
UAE airports have seen a significant surge in passenger traffic during the first half of 2024, with a 14.2 percent increase compared to the same period last year. This growth reflects the country’s ongoing economic recovery and its position as a global aviation hub. The Rise of Air Travel in the UAE According to data…
